I have to expect we're in for a correction sooner or later given how long it's had a bull run (other than covid and the brief really shallow "recession" we had in 2022).But its returns will almost certainly be better than 6.5% over the long haul.

Don't fluff it and make sure you know someone with MLS access to make sure it's correct.

@Tim Delaney is correct.

Otherwise a total waste of time and money.Likewise entities, "building my team", "setting everything up correctly" and all that other fluff that benefits only people who set it up for you. 

I was concerned that there would be substantial erosion of the yard and here we are three years later and it looks like I was correct to be concerned.

There has been a flight to the more quality areas of Austin.I agree on us having hit the bottom, time will tell but I think we'll see demand increase and rates decrease over the next few months Yeah - I was more talking about outlook for 2025+, I think the correction has likely completed (just opinion) 

But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow. 

You are losing money every month, and you will lose significantly more when they finally move out or you try to sell.The correct answer is to stop trying to fix them.

You have a mechanical skillset you are perfecting so you will always have your trade to barter for access.All correct statements, I won’t leave my job even if I surpass my income from investments.

It's possible what you have done on your own isn't even to code or done correctly so you could be losing value if you haven't been careful.It's great that you took action.